With hopes for a full economic recovery accelerating in 26 out of the 28 major global markets, consumers around the world might be expected to return to their previous spending patterns.

Consumers’ hopes for an end to the Global Economic Crisis have been bolstered in the 2nd Quarter 2009, according to a Nielsen Global Consumer Confidence Survey released today. The Nielsen Global Consumer Confidence Index, conducted in 28 markets in June 2009, rose to 82 – an increase of 5 points (from 77) from March 2009 – spurred by renewed consumer optimism and stock market gains in BRIC markets (Brazil, Russia, India, China) and key Asian countries. [See full graphic for complete details]

“In the previous Nielsen Global Consumer Confidence survey conducted …

For the first time in eight months, Russian consumers’ confidence has stabilized after posting significant declines, according to Nielsen’s ongoing “Russians through Crisis” study.  In the second half of 2008, consumer confidence stood at 104, dropping to 88 in November 2008 and hitting a low of 75 in March 2009.  In May, confidence recorded an uptick to 82.
As with consumers around the world, job security and personal finances are the key concerns for Russians today.  Almost three-quarters of those surveyed characterized the security of their jobs as “not so good” …

Global declines in consumer activity appear to be moderating or hitting bottom, according to the new edition of the Nielsen Economic Current, which is based on the company’s key consumer trend data as well economic data to create a concise indicator of consumer behavior.  Out of the 11 major GDP countries, only Germany showed an increase in consumer behavior in February.
“Consumers worldwide appear to be in a holding pattern and we see evidence that consumer spending might be positioned to turn around,” said James Russo, Vice President Global Consumer Insights …

Global consumer confidence has reached an all-time low, according to the Nielsen Global Consumer Confidence Index [download]. Thrifty habits being formed during the downturn will carry over into the recovery.
In the past six months, the index has plummeted to a record low 77 points from 84 points. The catalyst: Latin America, Russia and other emerging nations are now feeling the full effects of a recession that began in the United States, officially, in December.
Though consumer anxieties about the economy take many forms, the most widespread fear centers on job loss. …

In a further sign that the economic downturn is more widespread than any before, Russian consumer confidence dropped 6 points in February 2009 from November 2008, when it dropped 16 points from September 2008, according to Nielsen’s Consumer Confidence Index.  The issues causing Russians nervousness mirror those found in other countries: growing unemployment, high inflation, devaluation of national currency and the burden of easy credit obtained during the “optimistic” years.  Maintaining employment is the key concern, with only 20 percent saying their job prospects were good, while 75 percent were …

Most global consumers agree that their countries have hit recession, but opinion on how long the recession will last remains mixed, Nielsen reported Wednesday.
While 53% of those surveyed by Nielsen think their country has hit a prolonged recession that will last more than 12 months, 18% of consumers, concentrated in a handful of emerging markets, like India, Vietnam, China, and Russia, told Nielsen they expect their countries to be out of recession within the next 12 months.
In contrast, consumers in Japan, Germany, Argentina, Mexico, Turkey, Italy, Taiwan, the U.S., and Spain were the …

According to Nielsen, Russian consumers are among the most confident worldwide — despite the country’s high rate of inflation and an ongoing stock market crisis, The Guardian reported this week.
Consumer prices in Russia have risen by 10% so far this year, but Nielsen researchers found that most Russians are confident about the country’s job market and their personal finances. 
Of the 1,000 people in Russia surveyed by Nielsen, two-thirds said they were confident they could overcome any hardship in the second half of 2008.  Another 58% of respondents reported having good career opportunities, and …

With food and gasoline costs surging, household budgets worldwide are feeling the pinch.  But how people feel about the economy — and how they are coping financially — varies by country and region, The Economist recently reported.
Consumers in the Asia-Pacific region, for example, are more inclined to save than to splurge if they have spare money, while Russian consumers pump their extra cash into expanding their wardrobe, according to Nielsen.
Meanwhile, people in Nordic countries continue to spend money on travel and vacations, while Brazilians are happy to stay home.
Discretionary income …

Already the sixth largest economy in the world, Russia is growing by leaps and bounds, Ilona Lepp of Nielsen Russia’s Retail Measurement Services reports in the September issue of Nielsen’s “Consumer Insight” online newsletter.
According to the 2008 Nielsen Global Consumer Confidence Index, Russia is well ahead of the global average of 88, with an index of 105 for the first half of 2008 — up three points over levels in the first half of 2007.
The Russian market, though still in the early stages of development, already has the largest number …